Should You Auction Your Home? What Sellers Need to Know | Episode 86

“Buyers don’t engage unless they believe they can get a deal.”

That’s true whether you’re auctioning your home or selling it the traditional way. Buyers are always chasing a deal. You do it too at the grocery store, shopping sales, everywhere. Give them the prospect of a deal, and watch the offers roll in.

Today, Glen is joined by licensed auctioneer Mike Brandly of Brandly Real Estate and Auctions. They cover:

  • Wow Pricing Strategy & The Prospect Of A Deal
  • Getting Top Dollar at Auctions or In Conventional Sales
  • When an Auction Makes Sense for Sellers
  • Myths about Auctions & What/Who They Work For

If you’re thinking about selling your home and want decades of pricing strategy working in your favor, this is a must-listen. You’ll walk away knowing how to create a bidding war, whether you auction your home or list it the conventional way.

Book a free no-obligation call where we can discuss your selling goals and how to reach them.


Guest Spotlight: Mike Brandly

Mike runs Brandly Real Estate and Auctions and is a licensed auctioneer and real estate broker. Having been involved in thousands of auctions over his career, he is also a nationally recognized expert in real estate auctions.
Mike is also a longtime instructor at the Ohio Auction School and Hondros College, where he has trained auctioneers and real estate professionals for over 26 years. Known for his deep understanding of auction strategy, buyer psychology, and the “prospect of a deal,” Mike helps sellers determine when an auction is the right fit and how to execute it successfully.

Phone:   (614)461-9229
Website:   mikebrandlyauctioneer.wordpress.com


Key Moments:

  • 01:29 Origins & Expert Witness Work
  • 04:15 What Auctioneers Do
  • 05:45 Prospect Of A Deal
  • 07:28 Minimum Bids Explained
  • 10:27 Market Value At Auction
  • 15:32 Right Seller Criteria
  • 20:52 Auction Contract Basics
  • 25:28 Timeline And Pre Sale Offers
  • 27:20 Minimum Bid Versus Absolute
  • 31:12 Online Versus Live Bidding
  • 33:20 Seller Costs And Buyer Premium
  • 34:56 Choosing The Right Auctioneer
  • 36:42 Contact Info And Final Advice

Key Resources:

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